162-12-16 77th Road, Queens, NY 11366
Local realty services provided by:CENTURY 21 Awaye Realty
162-12-16 77th Road,Queens, NY 11366
$3,000,000
- 10 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: gina n taylor
Office: corcoran group
MLS#:RLS20068539
Source:NY_REBNY
Price summary
- Price:$3,000,000
About this home
162-12 77th Road + 162-16 77th Road. Two multi-fam houses. <br> <br> Investor Opportunity Luxury Two-Family Portfolio with Strong Cash Flow + Owner's Unit Options <strong>162-12 & 162-16 77th Road, Fresh Meadows</strong><br> 162-12 and 162-16 77th Road present a rare opportunity to acquire <strong>two contiguous, gut-renovated, income-producing two-family homes</strong>, each configured with <strong>three legal apartments</strong>, offering <strong>immediate cash flow, minimal maintenance, and owner-occupancy flexibility</strong>.<br> Unit Configuration (Each Property): <ul> <li> <strong>Top Floor:</strong> Massive 1BR / 1BA - ideal for owner occupancy (potential vacancy upon delivery)</li> <li> <strong>First Floor:</strong> 2BR / 1BA</li> <li> <strong>Basement:</strong> 2BR / 1BA</li> </ul> Both properties have been <strong>fully gut renovated</strong> with a refined luxury finish package throughout, featuring:<br> <ul> <li>High ceilings & excellent natural light</li> <li>Hardwood floors</li> <li>Modern kitchens with updated appliances</li> <li>In-unit washer & dryer</li> <li>Electric fireplaces</li> <li>Split HVAC systems</li> <li>Private outdoor features (including balcony where applicable)</li> <li> <strong>Parking included</strong></li> </ul> Investment Highlights:These assets are ideal for investors seeking:<br> <ul> <li> <strong>Strong in-place or pro-forma cash flow</strong></li> <li> <strong>Owner-user flexibility while maintaining rental income</strong></li> <li> <strong>Minimal deferred maintenance</strong></li> <li> <strong>Long-term appreciation in a prime Fresh Meadows location</strong></li> </ul> Portfolio / Assemblage Opportunity:162-12 & 162-16 77th Road may be purchased <strong>together or as part of a larger contiguous portfolio</strong>, which includes:<br> <ul> <li>An additional luxury two-family home</li> <li>An <strong>11,000 SF fully renovated commercial office/warehouse</strong></li> <li> <strong>Shared parking and land assemblage potential</strong></li> <li> <strong>Approximately 16,000 total exterior square feet</strong></li> </ul> This is a <strong>turn-key luxury multifamily portfolio</strong> offering scale, flexibility, and upside-rarely available in this submarket.<br> <br> <br>...
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Home facts
- Listing ID #:RLS20068539
- Added:62 day(s) ago
- Updated:March 19, 2026 at 10:36 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:10
- Basement:Yes
Structure and exterior
- Exterior Features:Patio
- Levels:1 Story
Finances and disclosures
- Price:$3,000,000
- Tax amount:$6,000
Parking
- Garage:Yes
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